Associated British Foods (ABF) is investing £30m in new equipment at its Allied
Bakeries site in Stockport, with the creation of 50 jobs.
The site, which employs around 400 staff, will see older equipment replaced to reduce energy consumption and improve quality. It produces 1.6m loaves every week, which are sold under the Kingsmill, Allinson and supermarket own-label brands.
ABF, which also owns Primark and grocery brands Twinings, Patak’s and Ovaltine, announced in its results for the six months to March 3 that adjusted pre-tax profits were up 3% to £363m as revenues increased 11% to £5.8bn.